Energy & natural resources coverage

chapter 11 and restructuring coverage across Energy & natural resources.

67 articles

Showing 49 to 60 of 67 coverage articles

Week of March 2, 2026

iM3NY: Failed Gigafactory Dream Ends in $10M Fire Sale and 150-Day Dismissal

iM3NY LLC (Imperium3 New York) filed chapter 11 in Delaware on Jan 27, 2025 after its Endicott gigafactory exhausted $136M in debt. Musashi Auto Parts acquired assets for $10M; no unsecured creditor recovery; case dismissed June 2025.

FreefallIndustrials & manufacturing

Mar 6

Pine Gate Renewables: $7 Billion Solar Giant's 43-Day Chapter 11 Sale

Pine Gate Renewables, $7B+ solar developer with 30+ GW pipeline, filed chapter 11 after Blue Ridge Power collapse. $1.4-1.5B in credit bids.

Energy & natural resources

Mar 6

Aleon Metals Confirms Liquidating Plan After $187.5M Bondholder Sale

Aleon Metals confirmed a liquidating plan after bondholders acquired its Freeport critical-minerals facility through a $187.5M credit bid.

Industrials & manufacturing

Mar 6

Ample: $330M Battery Swapping Unicorn's Chapter 11 Collapse

Ample filed chapter 11 Dec 2025 after raising $330M+ from Shell, Blackstone, Mitsubishi. Battery swapping startup pursuing 363 sale. Full case analysis.

Industrials & manufacturing

Mar 6

ENGlobal: Ransomware Attack Triggers Engineering Firm's 100-Day Restructuring

ENGlobal filed chapter 11 after ransomware attack and Nasdaq delisting; Gulf Island acquired the business for $5.5M in 100 days.

Energy & natural resources

Mar 6

Barrow Shaver Resources: $60M TexOil Sale Follows Involuntary Petition

Barrow Shaver Resources was forced into involuntary chapter 7 by six oilfield vendors in July 2024. The East Texas E&P converted to chapter 11, sold assets to TexOil for $60M in 2025, and filed a liquidating plan in 2026 after $67M in trade debt and contested mineral liens.

FreefallEnergy & natural resources

Mar 6

Jervois Global: Chinese Overproduction Strands U.S. Cobalt Mine in 37-Day Cross-Border Deal

Jervois mothballed its U.S. cobalt mine as Chinese overproduction collapsed prices 72%; Millstreet took it private in a 37-day deal.

PrepackagedEnergy & natural resources

Week of January 26, 2026

Jan 29

Shannon Wind: $103M Citigroup Hedge Drives Going-Concern Sale

Shannon Wind filed chapter 11 in SD Texas to sell a 204 MW ERCOT wind farm after a Citigroup hedge dispute tied to Winter Storm Uri.

FreefallEnergy & natural resources

Jan 26

Tonopah Solar Energy: $7M Sale and CMB Trustee Fight

Tonopah Solar Energy filed chapter 11 in Delaware on January 21, 2026, its second filing in five years. The Crescent Dunes 110 MW plant sold for $7M to Sons of Liberty Construction with no competing bids. CMB's $270M claims and trustee motion remain contested ahead of July 7 confirmation.

PrenegotiatedEnergy & natural resources

Week of January 12, 2026

Jan 16

Vertex Energy: Lenders Take Equity in $320M Recapitalization After Auction Fails

Vertex Energy filed chapter 11 in September 2024 in Houston after a failed renewable diesel pivot left the refiner with roughly $422M in funded debt. A 77-day sale process drew no qualified bids; term lenders eliminated roughly $320M of debt and took ownership at emergence in January 2025.

PrenegotiatedEnergy & natural resources

Week of December 29, 2025

Jan 3

Wilson Creek Energy Bankruptcy: $15M Rosebud Sale Splits Coal Assets, Case Dismissed

Wilson Creek Energy and ten affiliates of Canadian parent Corsa Coal Corp. filed chapter 11 in January 2025. A three-way auction split Appalachian metallurgical coal assets: Rosebud Mining ($15M), DIP lender KIA II ($7M), LCT Energy ($1.5M). Cases dismissed in 164 days.

Energy & natural resources

Jan 3

White Forest Resources: $21M Partial Sale Leads to Chapter 7

White Forest Resources filed chapter 11 in Delaware on Feb. 7, 2025, carrying ~$79M of debt. The Raven Crest thermal coal mine sold to Eagle Horizon for ~$21M; when the South Fork mine sale collapsed, the debtors converted to chapter 7 on Aug. 25, 2025—roughly 200 days after filing.

Chapter 7Energy & natural resources

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